When this borrower was brought to SECC he was stuck in a high daily payment advance factor rate. The business’s¬†cash-flow had improved¬†significantly¬†since its launch in¬†2013 but the borrower had¬†still not been able to obtain financing from other term lenders like Funding Circle. The business’s¬†relatively short time in business and¬†lack of historical cash-flow had been road blocks to procuring¬†financing elsewhere.